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02-05-2024 15:15
Turnover Index of Retail Trade Except of Motor Vehicles: March 2024
Annual Change +5,5% in Value and +5,2% in VolumeThe Turnover Value Index of Retail Trade for March 2024 increased by 5,5% compared to the corresponding month of the previous year (Table 1). For the same month, the Turnover Volume Index of Retail Trade increased by 5,2% compared to the corresponding month of the previous year (Table 2).For the period January-March 2024, the Value Index is estimated to have recorded an increase of 5,4% and the Volume Index an increase of 4,9% compared to the ...
02-05-2024 15:00
Fiscal Accounts of General Government: January-March 2024
Surplus €523,0 mnThe preliminary General Government fiscal results, which are prepared by the Statistical Service of Cyprus (CYSTAT) indicate a surplus of €523,0 mn (1,7% of GDP) for the period of January-March 2024, as compared to a surplus of €376,4 mn (1,3% of GDP) that was recorded during the period of January-March 2023.RevenueDuring the period of January-March 2024, total revenue increased by €332,8 mn (+11,5%) and amounted to €3.225,4 mn, compared to €2.892,6 mn in the correspondin...
02-05-2024 14:02
Consumer Price Index (CPI): April 2024
Inflation 2,4%In April 2024, the Consumer Price Index increased by 1,68 units and reached 117,09 units compared to 115,41 units in March 2024. In April 2024, the inflation increased by 2,4%. (Table 1)For the period January-April 2024, the CPI increased by 1,8% compared to the corresponding period of the previous year. (Table 1) As regards the economic origin, Petroleum products had the largest change when compared both to the index of April 2023 (7,7%) and to the index of the previous mon...
02-05-2024 13:14
Statement to the press by the President of the Republic of Cyprus, Mr Nikos Christodoulides, at the joint press conference with the Prime Minister of Lebanon and the President of the European Commission, in Beirut
It has been less than a month since my last visit to Lebanon and today I am pleased and privileged to visit Beirut once again; this time together with the President of the European Commission. At the outset, I would like to thank Prime Minister Mikati for the warmth of his hospitality. Lebanon is Cyprus’ geographically closest neighbour and we share traditionally very warm and very friendly bilateral relations. Being here today feels like being home. I am honoured to be part of this histori...
01-05-2024 21:52
The President of the Republic of Cyprus and the President of the European Commission attended an event marking 20 years of the accession of the Republic of Cyprus to the European Union
The President of the European Commission, Mrs Ursula von der Leyen, who was invited by the President of the Republic of Cyprus, Mr Nikos Christodoulides, to attend an event held on Wednesday, 1 May 2024, at the Presidential Palace on the occasion of the 20th anniversary of the accession of the Republic of Cyprus to the European Union (EU), expressed her wish for the reunification of Cyprus, especially for the future generations that constitute the future of Europe. In his address at the even...
01-05-2024 20:43
Address by the President of the Republic of Cyprus, Mr Nikos Christodoulides, before pupils on the occasion of the 20th anniversary of Cyprus' accession to the European Union, at the Presidential Palace, yesterday
It is with feelings of pride and joy that I welcome you to the Presidential Palace to celebrate the 20th anniversary marking the accession of the Republic of Cyprus to the European Union (EU).I am particularly delighted because, on this very special day, the day that marks the most significant achievement of the Republic of Cyprus since its establishment in 1960, we have the pleasure and the great honour of hosting in Cyprus the President of the European Commission, our dear friend Ursula, i...
30-04-2024 18:00
Joint Statement by the Republic of Cyprus and Eni
The President of the Republic of Cyprus, Mr Nikos Christodoulides meets Eni CEO, Mr Claudio DescalziThe President of the Republic of Cyprus, Mr Nikos Christodoulides and Eni Chief Executive Officer, Mr Claudio Descalzi, met in Lefkosia today to discuss Eni’s activities and future projects in Cyprus.In particular, President Christodoulides and Eni CEO reviewed the discoveries made in 2022 by Eni together with its partner TotalEnergies of Cronos and Zeus wells, which led to the drilling of Cr...
30-04-2024 14:53
Survey on the Trips of Residents: 2022
Residents of Cyprus Participating in Domestic and Outbound TripsResidents participating in domestic trips for personal purposes decreased by 34,8% in 2022, reaching 161.489 compared to 247.804 in 2021.The number of residents participating in outbound trips for personal purposes in 2022 amounted to 158.294, showing an increase of 110,5% compared to 75.204 residents who travelled abroad in 2021.The following figure illustrates the fluctuations in the number of residents traveling within and ...
30-04-2024 14:48
Index of Industrial Output Prices: March 2024
Annual Change -3,9%The Index of Industrial Output Prices for March 2024 reached 121,5 units (base 2021=100), recording a decrease of 0,7% compared to February 2024. Compared to the corresponding month of the previous year, the index recorded a decrease of 3,9%. For the period January – March 2024, the index showed a decrease of 3,3% compared to the corresponding period of 2023.In March 2024, compared to February 2024, the index remained stable in the sector of mining and quarrying, while i...
30-04-2024 14:21
Quarterly Accounts of General Government: 4th Quarter 2023
Surplus €45,1 mnThe preliminary General Government fiscal results, which are prepared by the Statistical Service of Cyprus (CYSTAT) indicate a surplus of €45,1 mn for the period of October-December 2023, as compared to a surplus of €29,2 mn that was recorded during the period of October-December 2022.RevenueDuring the period of October-December 2023, total revenue increased by €439,2 mn (+13,0%) and amounted to €3.826,2 mn, compared to €3.387,0 mn in the corresponding period 2022.In deta...
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